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Victorian District Multifamily Gem

420 E Bolton Street Savannah, GA 31401

420 E Bolton Street, Savannah, GA, 31401
$999,900
Pending
For Sale
Claim this Listing
$999,900
Pending

MULTI_FAMILY - Victorian - Savannah, GA

Property Size3,708 SF
Lot Size0.08 Acres
AddedSep 29, 2025
Days on Market291
Last RefreshJul 16 at 2:06 am

Property Features for 420 E Bolton Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 6, Bathroom 2, Bathroom 3, Bedroom 5
Parking features
Off Street
Patio and Porch features
Porch, Deck
Interior features
Ceiling Fan(s), Pull Down Attic Stairs
Exterior features
Courtyard, Deck
Fencing
Fenced
Fireplace
1
Appliances
Some Electric Appliances, Dishwasher, Electric Water Heater, Oven, Range, Dryer, Refrigerator, Washer
Standard status
Pending
APN
2004416002
Size
3,708 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Description
LT 24 LEE WD

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Frame, Wood Siding
Roof type
Composition
Architectural style
Victorian

Listing agent Jessica L. Kelly License #270287

Listing office Engel & Volkers 1650 E Victory Drive, Savannah, GA

Listing date Sep 29, 2025

MLS# SA338910

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 2-unit residence is located in Savannah's Victorian District. The property showcases an award-winning restoration that blends historic details with modern updates. Each floor offers over 1,850 square feet of living space, totaling 3,708 square feet. Interior features include soaring ceilings, spacious rooms, long hallways, multiple fireplace mantles, and hardwood floors. The exterior has been recently repainted and completely renovated with updated systems, new kitchens including all appliances, and tiled baths. The upstairs unit is freshly painted and move-in ready, featuring 3 or 4 bedrooms and 2 bathrooms. The downstairs unit, with 3 bedrooms and 2 bathrooms, is currently leased. The property includes double front porches overlooking a city block, rear decks, and a shared courtyard. Potential off-street parking is available with simple fence reconfiguration. The property is located steps from Forsyth Park, grocery stores, and cafes. Owner-occupied vacation rentals are allowed. The lot size is 0.08 acres.

Key Highlights

  • Victorian 2‑unit residence built in 1900 with hardwood and tile flooring throughout
  • Upstairs unit (3 or 4 BR/2 BA) freshly painted and move‑in ready
  • Downstairs 3 BR/2 BA unit is leased

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $60.1k $16.20
− Vacancy −$3.9k −$1.05
EGI $56.2k $15.15
− OpEx −$16.8k −$4.54
NOI $39.3k $10.60
3,708 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$561.7K
$491.5K – $655.3K (±1% cap)
NOI $39,316 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$520.9K
$455.8K – $607.7K (±1% cap)
NOI $36,460 @ 7.0% cap · market cap 3.65%
Theoretical Best
Warehouse
$3.47M
$3.03M – $4.04M (±1% cap)
NOI $242,576 @ 7.0% cap · market cap 24.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Plumbing Service HVAC Service (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith Electrical Service Pet Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Restored 2-unit residence in Savannah's Victorian District.
Where is this duplex located?
The property is located at 420 E Bolton Street Savannah, GA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Victorian 2‑unit residence built in 1900 with hardwood and tile flooring throughout; Upstairs unit (3 or 4 BR/2 BA) freshly painted and move‑in ready; Downstairs 3 BR/2 BA unit is leased
Contact an agent
More about this property
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